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PTBA Achieves Competition Compliance Certificate from KPPU as a Manifestation of Long-Term Commitment to Upholding the Principles of Fair Competition
Jakarta, October 8, 2025 – PT Bukit Asam Tbk (PTBA), a state-owned company engaged in coal mining, is proud to announce its success in obtaining a Competition Compliance Certificate from the Indonesian Competition Supervisory Commission (KPPU). This certificate was obtained after undergoing a rigorous and comprehensive evaluation process.
The decision to grant the certificate was made after PTBA underwent a presentation session, question-and-answer session, and hearing at the KPPU headquarters today, Wednesday, October 8, 2025. The hearing process was attended by seven KPPU Commissioners, PTBA management team, as well as the program clerk and verifiers.
Based on the evaluation results, PTBA was declared eligible and entitled to receive the Competition Compliance Certificate for a period of five years.
This achievement reaffirms PTBA's commitment to upholding good corporate governance and conducting business activities in accordance with Law No. 5 of 1999 concerning the Prohibition of Monopolistic Practices and Unfair Business Competition, as well as KPPU Regulation No. 1 of 2022 concerning the Competition Compliance Program.
“We welcome this Competition Compliance Certificate with joy and gratitude, as it is clear evidence of the seriousness and continuous efforts of all Bukit Asam employees in implementing the principles of fair and ethical business competition in every line of business,” said Arsal Ismail, President Director of PTBA.
He added that the compliance program implemented by PTBA includes the formulation of a code of ethics, integrated corporate governance policies, and the establishment of a special team to ensure the prevention of competition law violations.
“This certificate is not merely a recognition, but also a motivation for us to continue to improve the culture of compliance and integrity in conducting our mining business. We believe that fair business competition will create a conducive investment climate and ultimately have a positive impact on the national economy,” concluded Arsal.
Through this compliance program, PTBA hopes to continue building a clean and trustworthy corporate reputation in the eyes of all stakeholders, including investors, business partners, and the community.
